The industrial real estate market in June continued to show signs of strength in the Baltimore-Washington corridor as investors react to a shortage of Class A warehouse properties.

CBRE Inc. Senior Vice President Bo Cashman, who sold a portfolio of three warehouses spanning 705,379 feet in Halethorpe, Jessup and Columbia in June, said investors are frustrated with the lack of inventory and are more willing to look at older properties with less-than-ideal short-term leases.

“There’s such limited options for tenants and relatively no new construction that investors are saying, ‘If it’s good, well-located and if it’s Class B, I’m still willing to go,” Cashman said. “Investors were looking for 10, 15 year leases [in the past]. Now, three to five years is something investors are very comfortable with.”

Here’s a look at the notable industrial transactions in the Baltimore-Washington corridor in June.

• TA Associates Realty sold a 348,310-square-foot industrial park at 6660 Santa Barbara Road in Elkridge to Terreno Realty LLC of San Francisco for $16.65 million. James S. Wellschlager, a principal at Cassidy Turley who represented TA Associates, noted in a news release the strength of Class B industrial real estate, saying there is “exceptionally strong capital markets interest for distribution properties in the region.”

• Wellschlager also represented Cenveo on the sale of a 171,000-square-foot warehouse at 1820 Portal St. in the Holabird Business Park in Baltimore. First Industrial Realty Trust Inc. sold the warehouse for $7.2 million to Belts Logistics Services, a third-party logistics company.

• Cashman’s portfolio, noted above, was purchased by MIM-Hayden Real Estate Funds. The properties were at 4615 Hollins Ferry Road in Halethorpe; 9325 Snowden River Parkway in Columbia and 8210 Wellmoor Court in Jessup. The three properties were 95 percent leased. No price was disclosed.